The good news is they provide great overhead light along with renters seem to like them in the unit as it sets it apart from others in the area.

(Another option to the above scenario is to instead have the LLC lend my father money to complete the rehab so all the repairs are made in his name...but then the LLC would get no tax deductions on the rehab, plus my father would wind up paying interest on the loan and the LLC would incur taxable income on the interest of the loan as well.)I've said a lot here, but It would be greatly appreciated if anyone can give me advice on the best strategy to pursue...Thanks!

As @Chris Seveney noted, the bank won't provide you any info.

Seek competitive rates and terms: Compare interest rates, loan-to-value (LTV) ratios, and loan terms among different lenders.

I just bought a house in April after renting for 3 years as we moved for my wife’s new job and wanted to see what area to invest in well she ended up having a stroke and we spent our savings and getting a loan off one salary is tricky but I worked to get a loan and ended up getting an fha loan and found a house in a nice area.

Others have provided great feedback on how to get started with MTRs.

Wanting to use the conventional loan with 3% down.

I turned to asking for line of credit’s but what I am finding is most places offering a LOC want our properties to be free and clear of debt in order to provide an LOC.

He also has a loan of 94k that I teased out of him but I don’t think he is interested in signing it over. 

I would live in the main home for a few years and looking for folks that would be willing to provide me with some advice.